This week’s podcast covers the following developments:
- Supreme Court to take on South Dakota’s challenge to the 1992 Quill decision on nexus for sales taxes
- FASB will allow private companies and not-for-profits to apply SEC Staff Accounting Bulletin 118 to deal with TCJA deferred taxes
- Joint Committee on Taxation publishes its annual list of expired and expiring tax provisions, now updated for TCJA’s individual items
- IRS finds a fuel reward programs where it agrees that a taxpayer can take accrued but unredeemed amounts as a current deduction
- IRS publishes early percentage withholding tables for wages under TCJA
You can listen to the podcast here, view the video version here, and read the corresponding notes here.
To stay current on federal tax updates, visit our podcasts page, where we upload a new episode each week.